“The site is located on the north edge of the city of Sedona, world famous for its dramatic rock formations, abutting the national forest,” shared Smith. “While the asset is zoned for 105 homes, extensive studies determined that fewer units can practically be built. The rough topography precluded development on top of the mesa, the highest point of the site.” The asset is located at 701 North Highway 89A in Sedona, Arizona. " />